Tag: #OECD
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Biden global tax proposal faces setback after Ireland Finance Minister objects
Ireland raises objections as G7 nations debate Joe Biden’s proposal for a global minimum corporate tax
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Australia’s Former Finance Minister Named OECD Chief
Australia’s former Finance Minister has been named OECD Chief.
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Australia’s former finance minister named OECD chief
Paris, March 12 (AFP/APP):Australia’s former finance minister Mathias Cormann was elected on Friday as the new head of the OECD, sources close to the group that advises advanced economies told AFP. The 51-year-old politician was chosen “by a slim majority” during a meeting of ambassadors of the 37-nation Organisation for Economic Cooperation and Development based…
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Vaccines, US stimulus boost global GDP forecast: OECD
Deployment of vaccines and a huge US stimulus programme have greatly improved economic prospects.
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Samsung Electronics Q3 net profit leaps after Huawei boost
Seoul, Oct 29 (AFP/APP):Samsung Electronics’ net profit jumped by almost half in the third quarter, it reported Thursday, as the South Korean giant’s mobile and chip businesses were boosted by US sanctions against its Chinese rival Huawei. The world’s biggest memory chip maker said profits in the July-to-September period were up 48.8 percent year-on-year to…
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Trade tensions slam brakes on global economy: OECD
Paris, Sept 19 (AFP/APP):Escalating trade tensions are eroding global growth prospects with the world economy set for its slowest expansion since the global financial crisis, the OECD warned on Thursday. In an update to its economic forecasts from May, the Organisation for Economic Co-operation and Development cut its global growth forecast for this year to…